Key Points
The 30-share BSE Sensex jumped 877.43 points, or 1.30 per cent, to a new peak of 68,358.62 in early trade...
Mumbai: The Indian stock markets on Monday gave a big thumbs up to the BJP's win in Madhya Pradesh, Chhattisgarh and Rajasthan as the market capitalisation of all listed companies surged by 4.09 lakh crore within minutes, reported ET..
According to experts, strong macroeconomic data, BJP's win and crude oil prices hovering below the 80-dollar mark contributed to the rally of stock markets. ..
The same day, as exit polls poured in, the market cap of all companies listed in NSE reached the highest level of 4 trillion dollars..
Kapil Gupta, an economist at Nuvama Wealth Management, told Bloomberg that the election results would ease political risk; hence, boost market sentiment..
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